12 September 2016
Tax Guidance for Build UK Members
Members can access the Construction Industry Joint Taxation Committee’s (JTC) monthly tax guidance newsletter as a key benefit of Build UK membership.
Members often register the difficulties they face in complying with changes to taxation rules and regulations, and can now access the JTC newsletter which will be publicised monthly on Newsline and includes guidance on challenging issues and direct responses to taxation queries.
The September edition includes advice on:
• Processing Construction Industry Scheme (CIS) online subcontractor verifications while technical issues continue to affect HMRC’s CIS system. Further information on these technical issues is available on Build UK Newsline.
• Managed Service Companies.
• Changes to the treatment of VAT for construction and conversion of dwellings.
• The need for all companies to consider how to adopt new technology for processing their tax liabilities.
The full newsletter is available to view on the Build UK website.